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Top Ships ( (TOPS) ) has issued an announcement.
On November 20, 2025, Top Ships Inc. announced the extension of its time charter agreement with Weco Tankers A/S for its MR Product Tanker, M/T Eco Marina Del Ray. The extension is set for three years at a daily rate of $18,250, resulting in a total gross revenue backlog of $20 million. This move reinforces Top Ships’ strategic positioning in the eco-friendly tanker market and is expected to enhance its operational revenue, benefiting stakeholders by securing long-term income.
The most recent analyst rating on (TOPS) stock is a Hold with a $6.50 price target. To see the full list of analyst forecasts on Top Ships stock, see the TOPS Stock Forecast page.
Spark’s Take on TOPS Stock
According to Spark, TipRanks’ AI Analyst, TOPS is a Neutral.
Top Ships’ overall stock score is driven primarily by its undervalued P/E ratio, indicating potential value for investors. The technical analysis supports a stable outlook with positive short-term trends. However, financial performance is moderate, with high leverage and declining net profit margins posing risks. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TOPS stock, click here.
More about Top Ships
TOP Ships Inc. is an international owner and operator of ocean-going vessels, specializing in modern, fuel-efficient eco tanker vessels. The company focuses on transporting crude oil, petroleum products, and bulk liquid chemicals.
Average Trading Volume: 7,749
Technical Sentiment Signal: Sell
Current Market Cap: $28.27M
See more data about TOPS stock on TipRanks’ Stock Analysis page.